This is part of my research, greatful for any feedback from the community.
I have uploaded the charts of AAO and GMR. Both stocks were in a similar position until yesterday, i.e. waiting on results. However, today AAO cr@pped itself over bad ann. What I find interesting is OBV in both charts, i.e. how it trends-up and then in AAO's case it reversed trend a since last Thursday.
In the case of GMR, I find that OBV continues an up-trend. So it tells me that the news up to now is good or at least no bad news round the corner. So it is a (strong?) signal to hold until ann (?)
Do you guys/girs agree/disagree, your reasoning for your opinion would be highly appreciated by this newbie!
Thanks in advance!
comparative charts
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $8.822M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $460 | 46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6939934 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1049000 | 3 |
View Market Depth
| Last trade - 11.21am 04/06/2024 (20 minute delay) ? |
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Last
1.0¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 256667 | ||
| Last updated 14.51pm 04/06/2024 ? | |||||
| AS1 (ASX) Chart |